Investor Glossary-world trade organizationInvestor Glossary-world trade organizationInvestor Glossary-world trade organizationInvestor Glossary-world trade organizationInsightful stock market charts - Click here
investor
Categories    # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

World Trade Organization

The HTML to link to this page
 

The World Trade Organization (WTO) is an international body that seeks to foster free trade and resolve trade issues among member nations. Specifically, the World Trade Organization promotes trade agreements among countries, which provide the rules for the international exchange of goods, services, and intellectual property. World Trade Organization agreements have detailed conditions for resolving trade conflicts; if governments can't resolve trade disputes on their own, they are brought to the World Trade Organization for resolution. One weakness of the World Trade Organization, however, is that its decisions are not accompanied by a significant enforcement mechanism. The World Trade Organization was established in 1995 after the conclusion of the Uruguay Round of trade talks. But the origins of the World Trade Organization extend back much further, to the inauguration of the General Agreement on Tariffs and Trade in 1948. As of 2004, some 148 countries belonged to the World Trade Organization.



Rate this World Trade Organization definition...

Learn about investing with the Investor Glossary Term of the Day


Click here for insightful stock market charts. Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day.


Popular Terms: Key Rate Duration, EBITDA, phantom income, debt service coverage, inflation, liquidity ratio, wholly-owned subsidiary, limit order, Zero Cost Collar, FTSE, LIBOR, required rate of return, covered put, 401a, class C shares, diluted share, annual return, APR, stock market close, VIX, current ratio, labor relations, 144a, ex-dividend date, 1035 exchange, cancelled check, per diem, implied volatility, real GDP, minority interest, margin rate, command economy, ex-dividend, quality assurance, irrevocable trust, risk management, in escrow, reverse mortgage, retained earnings, deferred tax, dividends payable, average price per share, option premium, balance sheet, open position, 1031 exchange, stock split, FICO score, deferred revenue


Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Investor Glossary | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
©2004-2015 Investor Glossary - All rights reserved - Terms of Use